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Introduction to remuneration and benefits

This course has been CANCELLED

Course Details
Course Id: 219269
Delivery Method:
Correspondence Course
Duration: 1 Day
Location: This course is conducted through distance learning.
Places: 0
RRP: $ 550
Price: $ 495
(Price includes GST)
Discount: 10%


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About This Training Course

"Remuneration and benefits play a pivotal role in overall strategic management and planning. An effective remuneration and benefits strategy is a powerful tool to reinforce the organisation's culture and values and to support the achievement of its strategic business objectives. It can help to attract, motivate and retain the right talent, and position the organisation as an employer of first choice.

This workshop considers remuneration and benefits within its overall strategic business and wider organisational context. It is designed to provide participants with the fundamentals of remuneration and benefits planning, and covers the basics of job analysis, job evaluation, pay survey, job pricing
as well as performance management and reward, effective remuneration packaging and the key principles of bonuses and incentives. It also provides an opportunity to discuss implications for corporate governance in respect of executive remuneration policy setting."

Subjects Covered

"* short lecture sessions
* numerous case studies and practical examples
* group discovery and discussion
* open forum to discuss live issues from participants"

Training Course Outcomes

"At the end of this workshop, participants should be able to demonstrate
an understanding of:
* the strategic organisational context of remuneration and benefits
* the underpinning HR policy and legislation relating to remuneration
and benefits
* the concepts of job analysis, job evaluation, pay survey and job
pricing in remuneration and benefits
* the fundamentals of performance management and its link to reward
and remuneration (please note this is covered in more detail in the
one-day Performance Management workshop)
* effective remuneration packaging
* the different approaches to variable rewards."

Other Information

"Who should attend?
* HR practitioners who wish to build their understanding of
remuneration, benefits and associated principles and practice
* line managers and supervisors seeking to gain insights into strategic
implications of remuneration policy setting, including incentives"

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